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It opened its doors in April 2011, with the aim of investing money from the five banks - Barclays, HSBC, Lloyds Banking Group, the Royal Bank of Scotland and Standard Chartered - in businesses needing growth capital.

It was set up to counter challenges that the banks were not interested in smaller companies. It has a regional focus to ensure all parts of the UK benefit.

Companies to have received investments to date include Trunki, the children’s luggage specialist, Mexican fast food chain BarBurrito and the Boost chain of juice bars.

York Mailing was founded in 1999 by chief executive Chris Ingram and managing director Mike Newbould.

It has grown organically and through acquisition, including buying the web offset printing arm of print giant Pindar Group, which went into administration in July 2011.

The business employs 325 people. This number will increase by 20 over the next 12 months through organic growth and targeted acquisitions could see the number of employees double.

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